Wall Street veteran and Fundstrat co-founder Tom Lee is set to bring Ethereum (CRYPTO: ETH) into the spotlight, with plans to position BitMine Immersion Technologies (AMEX:BMNR) as the ‘MicroStrategy of Ethereum.‘
What Happened: In an CNBC Squawk interview on June 30, Lee announced his new role as chairman of BitMine, a small-cap Bitcoin mining firm valued at $26 million.
Under his leadership, BitMine will pivot from being purely a miner to an Ethereum-focused treasury company, adopting ETH as its primary reserve asset.
To kick off the transition, BitMine has …